Human Resources - McGraw-Hill Introduction to Business

Investors Prepare for Stock Market Volatility

July 2, 2020

During the first six months of 2020, U.S. stock markets went through their biggest quarter-to-quarter swing in more than 80 years. March saw share prices plummet as businesses across the country closed or altered their hours. Then an unprecedented round of economic stimulus from the federal government both halted the sell-off and sent stocks soaring to their best quarterly performance in nearly two decades.

With much of that relief now set to expire, however, where the markets go next Continue reading →

Economics, Ethics, Human Resources, Regulation, Health, Stock Market, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Bonus Chapter A: Business Law

Nearly 1.5 Million More People Filed for Unemployment for Last Week

June 26, 2020

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For the 14th week in a row, more than 1 million people filed for unemployment benefits as fallout from the pandemic continues to hurt workers across the nation. The last three weeks have each seen the number of newly unemployed Americans hover around the 1.5 million mark, an ominous sign that economic recovery could still be a long time coming.

Although some people have returned to work as states reopen, the rising number of coronavirus cases threatens to once Continue reading →

Economics, Ethics, Human Resources, Unemployment, Regulation, Health, Layoffs, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Juneteenth to Become Paid Holiday at Major Companies

June 18, 2020

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Tomorrow is Juneteenth, a holiday that commemorates the end of slavery in the U.S. Although few major companies observed this day of remembrance in the past, many are now correcting this mistake in response to the protests that have been going on for weeks in cities across the country. Firms like Nike, Mastercard, Target, and Twitter recently announced that Juneteenth will become a paid holiday next year. Best Buy offered employees a “paid volunteer holiday” they can use this upcoming Continue reading →

Marketing, Operations Management, Ethics, Human Resources, Labor Relations, Promotions, Holidays, Juneteenth

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 13: Marketing, Chapter 16: Place and Promotion

1.5 Million People Applied for Unemployment Last Week

June 11, 2020

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Tens of millions of Americans have filed for unemployment during the coronavirus pandemic. This historically high number increased by another 1.5 million last week as many people continue to struggle to make ends meet. Although the gradual reopening of businesses has sent some back to work, nearly 21 million Americans are still receiving unemployment benefits. All together, more than 44 million people have applied for unemployment over the course of the pandemic.

“That means 29 percent of the workforce Continue reading →

Ethics, Human Resources, Labor Relations, Unemployment, Regulation, Federal Reserve, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law

Adidas Tweets Against Racism but Receives Criticism from Employees

June 9, 2020

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For weeks, thousands of people across the country have been protesting against police violence following the death of George Floyd in Minneapolis on May 25th. In response to these historic events, many companies have voiced their support for the fight against racism on social media. Adidas, for instance, released a statement on Twitter expressing how the sportswear brand was “deeply saddened by what we see happening to our black community in America.” The company even retweeted an advertisement made by Continue reading →

Marketing, Motivation, Global, Ethics, Human Resources, Social Media, Labor Relations, Promotions, Adidas, Appare

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 16: Place and Promotion, Bonus Chapter B: Technology and New Media

Women Account for 55 Percent of Coronavirus Job Losses

May 12, 2020

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Last month, 20.5 million people lost their jobs, sending the unemployment rate skyrocketing to 14.7 percent. Economists predict that the actual jobless rate could be even worse when factoring in people who are out of work but not collecting unemployment benefits. Experts also expect that things will only get worse in May as job cuts spread to white-collar workers. “It’s devastating,” said Ryan Sweet of Moody’s Analytics. “There’s someone behind each of these numbers. It’s going to take years to Continue reading →

Ethics, Human Resources, Unemployment, Health, Food & Drink, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions

How Office Plans Could Change in a Post-Coronavirus World

May 5, 2020

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Over the last two decades, many businesses have adopted open office plans that remove barriers like cubicle walls in order to create more space for employees to interact. According to recent studies, though, some modern office plans can actually discourage communication since so many employees go out of their way to avoid interacting with other staffers. Of course, the coronavirus pandemic has made these distinctions irrelevant as offices across the country remain closed and employees work from home.

But while Continue reading →

Motivation, Human Resources, Health, Open Offices, Office Culture, Office infrastructure, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 10: Motivation, Chapter 11: Human Resource Management

[VIDEO] How One Business Pivoted to Fighting Coronavirus

April 30, 2020

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Although many companies remain closed during the ongoing pandemic, some businesses have been able to alter their operations to produce increasingly vital supplies. This video looks at how Dogfish Head Brewery managed to keep its employees on the payroll while also supplying local hospitals with hand sanitizer.

Questions:

How did Dogfish Head Brewery change its operations to make hand sanitizer?
What is the three-step process that Dogfish Head Brewery used to engage with their community during the coronavirus crisis?

Operations Management, Ethics, Entrepreneurship, Human Resources, Manufacturing, Product Development, Health, Product Distribution, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 14: Product and Price, Chapter 15: Distribution, Videos

Another 4.4 Million Americans Filed for Unemployment Last Week

April 23, 2020

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This morning, the Labor Department announced that another 4.4 million Americans filed for unemployment benefits last week. That brings the official number of jobless people to 26.5 million over the past month, effectively erasing almost all of the new jobs created since the 2008 financial crisis. To make matters worse, many state unemployment processing systems have become overwhelmed after receiving record numbers of requests. As a result, experts predict that the actual number of jobless Americans could be much higher Continue reading →

Ethics, Human Resources, Unemployment, Regulation, Health, Hiring, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Nearly a Third of Renters Have Not Paid This Month’s Rent

April 9, 2020

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This morning, the U.S. Department of Labor announced that another 6.6 million Americans filed for unemployment benefits last week. All told, almost 17 million people have applied for jobless aid in the past three weeks, accounting for 10 percent of the U.S. labor force. The sudden loss of so many jobs is staggering and unprecedented. For comparison, it took two years for 8.6 million people to lose their jobs during the Great Recession. Many analysts predict that the unemployment rate Continue reading →

Economics, Ethics, Human Resources, Real Estate, Labor Relations, Unemployment, Regulation, Health, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law